In the Midst of Record Losses, a Stock can Still be an Incredibly Profitable Buy!

    Case in point is the once venerable Industrial Bank of Japan 日本興業銀行, the highest market capitalization company globally in December 1989 when its share price was over ¥ 6,300 but found its ultimate nadir at ¥435 on Oct 1st 1998 after losing a collective ¥ 671 billion in the financial years 1996, 1998 & 1999: